Conagra Brands, Inc. (CAG) Stock Price & Analysis
Conagra Brands, Inc. (CAG) closed at USD 14.86 on Friday, October 23, 2026, down 1.39% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 14.86; the Oct 23, 2026 session ranged USD 14.77–15.14 on volume of 9,423,452 shares. Market capitalization is —, with a 52-week range of USD 12.53–20.32 (NYQ). Source: Nexqual, retrieved October 24, 2026 at 11:13 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CAG.md
Key facts (CAG)
- Last four reported quarters (through Aug 30, 2026): revenue $11.2B, net income -$1.91B (-17.0% margin), free cash flow $877M (SEC filings).
- 3 of 80 tracked superinvestors hold CAG (13F, Q2 2026): 1 new, 1 added, 1 reduced, 0 unchanged.
- Insider open-market purchases, last ~7 months: 3 Form 4 filings, $1.1M; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y -12.3% vs S&P 500 +13.4%; 5Y -40.9% vs S&P 500 +76.9%.
- Next earnings: 2026-12-18, EPS estimate USD 0.34, revenue estimate $2.92B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CAG)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $11.5B | $12.3B | $12.1B | $11.6B | $11.3B | $11.2B |
| Gross profit | $2.84B | $3.26B | $3.33B | $3.00B | $2.70B | — |
| Operating income | $1.59B | $1.08B | $853M | $1.36B | -$1.63B | -$1.71B |
| Net income | $888M | $684M | $347M | $1.15B | -$1.92B | -$1.91B |
| EPS (diluted) | $1.84 | $1.42 | $0.72 | $2.40 | -$4.00 | — |
| Free cash flow | $713M | $633M | $1.63B | $1.30B | $979M | $877M |
| Gross margin | 24.6% | 26.6% | 27.7% | 25.9% | 23.9% | — |
| Operating margin | 13.8% | 8.8% | 7.1% | 11.8% | -14.4% | -15.2% |
| Net margin | 7.7% | 5.6% | 2.9% | 9.9% | -17.0% | -17.0% |
| Revenue growth | +3.1% | +6.4% | -1.8% | -3.6% | -2.9% | — |
| Cash + short-term investments | $83.3M | $93.3M | $77.7M | $68.0M | $218M | — |
| Total debt | $8.80B | $8.60B | $7.51B | $7.26B | $7.23B | — |
Fiscal years end May. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Aug 30, 2026) (CAG)
P/E at fiscal year-ends: May 2025 9.5x, May 2024 41.3x.
Superinvestors (SEC 13F-HR, Q2 2026) (CAG)
3 of 80 tracked investors hold CAG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Hillman Capital | Hillman Capital Management | 1.76% | $2.4M | Added +22.4% |
| Tweedy Browne | 0.15% | $2.0M | New position | |
| Lee Ainslie | Maverick Capital | 0.01% | $1.2M | Reduced -37.2% |
Insider purchases (SEC Form 4, open-market, last ~7 months) (CAG)
3 purchases, $1.1M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-07-17 | Brase John P | President and CEO | 35,000 | $511K | 14.59 | Too little history (no open-market trades in 2023–2025) |
| 2026-04-14 | Mulligan John J | Director | 17,500 | $250K | 14.31 | Too little history (no open-market trades in 2023–2025) |
| 2026-04-14 | Lenny Richard H | Director | 25,000 | $359K | 14.34 | Too little history (no open-market trades in 2024 or 2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (CAG)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-02 | Barclays | Target lowered | Overweight | $17 → $16 |
| 2026-10-01 | Evercore ISI Group | Target raised | In-Line | $13 → $14 |
| 2026-10-01 | RBC Capital | Reiterated | Sector Perform | $14 |
| 2026-09-29 | Evercore ISI Group | Target raised | In-Line | $12.5 → $13 |
| 2026-09-18 | Deutsche Bank | Target raised | Hold | $12 → $13 |
| 2026-09-14 | Evercore ISI Group | Target lowered | In-Line | $13 → $12.5 |
| 2026-07-17 | Barclays | Target raised | Overweight | $16 → $17 |
| 2026-07-16 | JP Morgan | Target raised | Neutral | $14 → $15 |
| 2026-07-16 | UBS | Target raised | Neutral | $13 → $14 |
| 2026-07-16 | RBC Capital | Target lowered | Sector Perform | $16 → $14 |
| 2026-07-08 | Barclays | Target lowered | Overweight | $18 → $16 |
Total return (dividends reinvested) (CAG)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -12.3% | -40.9% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -12.4% | -10.0% |
| Volatility (annualized) | 32.0% | 24.6% |
| Max drawdown | -35.6% (Feb 2026→Jun 2026) | -61.2% (Jan 2023→Jun 2026) |
CAG revenue by business segment (quarter ended Aug 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Refrigerated & Frozen | $1.05B | 40.6% | -2.1% |
| Grocery & Snacks | $1.05B | 40.5% | -2.6% |
| Foodservice | $272.9M | 10.5% | +3.2% |
| International | $218.1M | 8.4% | +2.7% |
| Total revenue | $2.60B | 100% | — |
CAG revenue by product line (quarter ended Aug 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Frozen | $877.7M | 33.8% | -2.3% |
| Other Shelf Stable | $552.4M | 21.3% | -2.8% |
| Snacks | $498.7M | 19.2% | -2.4% |
| Foodservice | $272.9M | 10.5% | +3.2% |
| International | $218.1M | 8.4% | +2.7% |
| Refrigerated | $176.1M | 6.8% | -0.9% |
| Total revenue | $2.60B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CAG suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Walmart (WMT) | “Our largest customer, Walmart, Inc. and its affiliates, accounted for approximately 29% of consolidated net sales for fiscal 2026 and 2025 and 28% for fiscal 2024.” |
Quoted from the company's 10-K filed Jul 15, 2026.
Companies that name CAG in their SEC reports
| Relationship to CAG | Company | Filing | Sentence |
|---|---|---|---|
| supplier | SILGAN HOLDINGS INC (SLGN) | 10-K Feb 26, 2026 | “Our largest customers for these products include Austria Pet Food GmbH, Campbell, Conagra Brands, Inc., Eagle Family Foods Group LLC, General Mills, Inc., Goya Foods, Inc., Hill's Pet Nutrition, Inc., Hormel Foods Corporation, Kraft Heinz, Mars, Incorporated, Nestlé, Nortera Foods Inc., O-AT-KA Milk Products, LLC, Pacific Coast Producers, Stanislaus Food Products Company and Tony Downs Foods Co.” |
| partner | CHS INC (CHSCN) | 10-K Nov 5, 2025 | “We have a 12% interest in Ardent Mills, which is a joint venture with Cargill, Incorporated ("Cargill"), and Conagra Brands, Inc., and is the largest flour miller in the United States.” |
CAG customer concentration
In the period ended May 31, 2026, a single direct customer accounted for 29% of revenue, per the company's 10-K filed Jul 15, 2026. The company does not name it.
CAG company outlook (results filed Sep 30, 2026)
- “Please see the end of this release for more information. Discussion of Results and Outlook Conagra Brands will issue pre-recorded remarks prior to hosting a live Q&A conference call and webcast at 9:30 a.m.”
Quoted word-for-word from the SEC 8-K results press release.
CAG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Nov 2026) | $0.34 | $0.43 | -19.5% | $2.92B | 14 |
| Next quarter (ends Feb 2027) | $0.34 | $0.37 | -7.7% | $2.71B | 14 |
| Current fiscal year (ends May 2027) | $1.46 | $1.58 | -7.7% | $10.83B | 16 |
| Next fiscal year (ends May 2028) | $1.50 | $1.67 | -10.4% | $10.79B | 16 |
Key Statistics (as of October 24, 2026 at 11:13 UTC)
| Price | USD 14.86 |
|---|---|
| Change | ▼ 1.39% (down) |
| Previous Close | USD 14.86 |
| Open | USD 14.86 |
| Day Range | USD 14.77 – 15.14 |
| 52-Week Range | USD 12.53 – 20.32 |
| Volume | 9,423,452 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (CAG)
Nexqual's technical model rates CAG "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 24, 2026 at 11:13 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 57.1 (neutral) |
| vs SMA50 | Above (USD 14.84) |
| MACD | 0 (positive) |
Earnings (CAG)
| Next Earnings Date | 2026-12-18 |
|---|---|
| EPS Estimate | USD 0.34 |
| Revenue Estimate | $2.92B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-08-31 | USD 0.41 vs est 0.28 ▲ beat |
| 2026-05-31 | USD 0.47 vs est 0.46 ▲ beat |
| 2026-02-28 | USD 0.39 vs est 0.4 ▼ miss |
| 2025-11-30 | USD 0.45 vs est 0.44 ▲ beat |
Source: Nexqual, October 24, 2026 at 11:13 UTC.
Financials & Fundamentals (CAG)
| Total Revenue | $11.24B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -1.40% |
| Gross Margin | +23.84% |
| Operating Margin | +11.59% |
| Profit Margin | -16.95% |
| ROE | -24.89% |
| Debt / Equity | 1.21 |
| Current Ratio | 1.1 |
| Total Cash | $371.60M |
| Total Debt | $7.76B |
Source: Nexqual, October 24, 2026 at 11:13 UTC.
Ownership (CAG)
| Insider Ownership | +0.65% |
|---|---|
| Institutional Ownership | +91.16% |
| Shares Outstanding | 477.41M |
| Float | 473.92M |
| Short % of Float | +10.64% |
Source: Nexqual, October 24, 2026 at 11:13 UTC.
From Conagra Brands, Inc.'s Latest SEC 10-K Filing (filed 2026-07-15)
Key Strengths & Strategy (as disclosed to the SEC)
- Eboli has end-to-end supply chain responsibilities for the Company, overseeing the manufacturing, procurement, environment, health and safety, plant quality, logistics, and transportation and warehousing teams.
Partnerships
- We combine a 100-year history of making quality food with agility and a relentless focus on collaboration and innovation.
- We are focused on delivering sustainable, profitable growth with strong and improving returns on our invested capital.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes to U.S. health policies can result in increasing scrutiny on the food industry and changes to consumer preferences.
- Climate change, or legal, regulatory, or market measures to address climate change, may negatively affect our business and operations.
- Climate change related adverse weather conditions, water shortages, and natural disasters may reduce agricultural productivity leading to decreased availability or less favorable pricing for commodities necessary for our products, including wheat, tomatoes, and various vegetables.
- We may incur increased costs if such regulatory actions result in sustained elevated compliance costs.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SFD | Smithfield Foods, Inc. | USD 18.64 | ▼ 0.93% |
| LW | Lamb Weston Holdings, Inc. | USD 53.83 | ▼ 2.45% |
| PPC | Pilgrim's Pride Corporation | USD 28.13 | ▲ 0.14% |
| CPB | The Campbell's Company | USD 20.73 | ▼ 2.49% |
| INGR | Ingredion Incorporated | USD 95.7 | ▼ 1.52% |
| DAR | Darling Ingredients Inc. | USD 56.24 | ▲ 1.08% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 24, 2026 at 11:13 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt